News: Business/Taxes

Latest News

US Senator John McCain, who is fighting an aggressive form of brain cancer, was in a military hospital Wednesday to treat "normal side effects" of his therapy, his office said. The 81-year-old former prisoner of war and 2008 Republican presidential nominee was diagnosed in July with a brain tumor known as a glioblastoma, after doctors found a blood clot over his left eye during a routine checkup. McCain underwent surgery at the time in his home state of Arizona, and has been treated with radiation and chemotherapy.

Sirens blared and thousands of doves were released as Chinese President Xi Jinping presided over a sombre ceremony in Nanjing marking 80 years since the wartime massacre in the city by Japanese troops. "China and Japan are close neighbours, neighbours who can't move away," said Yu Zhengsheng, a former member of China's top Communist leadership who now chairs a parliamentary body. China and Japan should build on their "long, rich history" of links to deepen "friendship", Yu said, avoiding reference to bitter disputes over the massacre.

The Air Force F-35 is using "open air" ranges and computer simulation to practice combat missions against the best Chinese and Russian-made air-defense technologies. While the Air Force aims to prepare for the unlikely contingency of a potential engagement with near-peer rivals such as Russia or China, Air Force planners recognize that there is much more concern about having to confront an adversary which has purchased air-defense technology from the Russians or Chinese. The Air Force F-35 is using "open air" ranges and computer simulation to practice combat missions against the best Chinese and Russian-made air-defense technologies - as a way to prepare to enemy threats anticipated in...

The epitome of coffee cool, the flat white came under fire this week as Conal Lavery of Thomson's Coffee Roasters told Channel 4's Supershoppers that customers were being ripped off by excessive pricing. In Starbucks, you can expect to pay £2.40 for a tall latte (12 fl oz) with two shots of coffee, but £2.60 for a significantly smaller flat white (8 fl oz). In Caffè Nero, a medium latte is £2.50 - but a flat white will set you back £2.60. Based on their ingredients, he explained, a flat white (a double espresso shot with a single portion of textured milk) should be cheaper. "There is no reason for a flat white to cost any more," he said. "The chains and the speciality...

Britain must designate its overseas territories as 'bluebelt' to help protect wildlife and prevent plastic pollution entering the oceans, campaigners have said. Following the final episode of Blue Planet II which showed the devastating impact of humans on the world's seas, the Great British Oceans coalition called on the government to safeguard its remote marine zones, which are home to some of the world's most endangered species. Already 133 MPs have backed the campaign to create 1.5 million square miles of protected 'bluebelt' around seven British overseas territories which contain the breeding grounds for a quarter of the world's penguins, and one third of the world's albatrosses. The...

HELSINKI (AP) - Three people have been arrested for allegedly throwing firebombs at a synagogue in the Swedish city of Goteborg, the second anti-Jewish attack in the Nordic nation in two days. Jewish groups condemned the attacks as "unconscionable" and demanded that authorities take action.

Lebanon's prime minister on Saturday criticised a visit by an Iraqi Shiite militia leader to Lebanon's ceasefire line with Israel, saying it violated local law. The trip by Qais al-Khazali, the founder and leader of the Asaib Ahl al-Haq militia, was organised by Lebanon's Hezbollah, a powerful armed movement and arch-foe of Israel. A video of the visit began circulating on social media on Friday, showing Khazali wearing military uniform during a tour of parts of southern Lebanon.

Egyptian archaeologists have discovered a mummy in one of two previously unexplored tombs across the Nile from the southern city of Luxor, the antiquities ministry said Saturday. The tombs were found in the 1990s by German archaeologist Frederica Kampp, though she had only reached the entrance gate "but never entered", the ministry said. Antiquities Minister Khaled al-Enany was in Luxor to announce the discovery in Draa Abul Nagaa necropolis near the famed Valley of the Kings, where many pharaohs, including Tutankhamun, were buried.

Brutal winds that fueled southern California's firestorm finally began to ease Saturday, giving residents and firefighters hope for respite as the destructive toll of multiple blazes came into focus. Despite the intensity of the fires that raged on six different fronts -- stretching from areas north of Los Angeles down to the San Diego region -- authorities have reported only one fatality. In the mountain town of Ojai the air-quality index was hovering over 500 -- at the top of the "hazardous" scale -- as fumes from the "Thomas" fire hung trapped by the mountains.

President Donald Trump attacked one of the women who has accused Senate hopeful Roy Moore of sexually assaulting her when she was a teenager and he was in his 30s, mocking her over the scrutiny a note she made under Moore's alleged signature in her high school yearbook has received.

LOUISVILLE, Ky. (AP) - The funeral for a recently identified Kentucky sailor who was killed in the Japanese attack on Pearl Harbor 76 years ago is bringing his family together for the first time in decades.

The United States stood alone Friday as one after another fellow UN Security Council member criticized its decision to recognize Jerusalem as Israel's capital. The debate unfolded at a largely symbolic emergency meeting of the council -- no vote on a resolution was planned, as the US has veto power -- two days after President Donald Trump reversed two decades of US policy on the holy city. This seemd a vivid show of the discord triggered by Trump's announcement, which included plans to move the US embassy in Israel from Tel Aviv to Jerusalem.

Rep. John Lewis (D-Ga.) said he will not attend the opening of the Mississippi Civil Rights Museum on Saturday because President Donald Trump's "attendance and hurtful policies are an insult to the people portrayed" in the museum.

More than 5,000 angry protesters gathered outside the state capitol in Salt Lake City Saturday to rally against Donald Trump's expected plans to carve up federal public lands in Utah and open up what's left to drilling and mining.

By Jeff Mason and Jan Wolfe WASHINGTON/NEW YORK (Reuters) - U.S. President Donald Trump said on Saturday that actions by former national security adviser Michael Flynn during the presidential transition were lawful, and that he had had to fire him because Flynn had lied to the FBI and the vice president. The president's comment suggested he may have known Flynn lied to the FBI before he urged the FBI director not to investigate his former adviser, legal experts said. Flynn is the first member of Trump's administration to plead guilty to a crime uncovered by special counsel Robert Mueller's wide-ranging investigation into Russian attempts to influence last year's U.S. presidential...

CHARLOTTESVILLE, Va. (AP) - Law enforcement failed to adequately plan for or respond to a violent white nationalist rally this summer in Virginia, leading to "deep distrust of government" in the Charlottesville community, an independent review released Friday found.

A small pup now smiles from ear to ear in the comfort of her new and loving home, thanks to a team of dedicated animal rescuers. Little Holland fell into the hands of the Trio Animal Foundation in Chicago for urgent medical care after she endured uninhabitable conditions at a "open access" shelter that only accepted abandoned animals. According to TAF's Facebook post, once the canine arrived, her fur was completely matted and covered her entire body. "The width of the matted fur on her legs was over two-three inches thick," TAF wrote in the post. "A shell like casing of matted fur covered most of her back and it looked like an exoskeleton from...

Republicans in the US Senate scrambled to salvage their tax plan Thursday after it hit unexpected roadblocks, leaving President Donald Trump still waiting for a major political victory he hopes to secure before year's end. Trump had hoped his party would pass the controversial bill as early as Thursday night, handing the White House and Republicans their most significant legislative achievement of his young presidency.

Zimbabwe's new president named his first cabinet Thursday, appointing two senior military officers to key portfolios and dropping close allies of Robert Mugabe who resigned after the armed forces took control of the country. President Emmerson Mnangagwa appointed as foreign affairs minister Sibusiso Moyo, the army major general who went on state television announcng the military's take-over, a dramatic powergrab which culminated in Mugabe stepping down a week later. The long-serving airforce commander Perence Shiri also became the Lands and Agriculture minister, according to a statement released late Thursday night.

As time goes on, Munster says Nvidia will be less dependent on gaming revenue and will transition its business to other high-growth markets. Today, gaming accounts for 57 percent of Nvidia's revenue, but Munster estimates that percentage will shrink to only 41 percent by 2023. At the same time, Loup expects Nvidia's impressive overall revenue growth to continue.

China's military modernization remains a key concern for the US and its allies. Crucial in that regard has been China's development of forces geared towards preventing uncontested access to its air and maritime approaches by potential adversaries. Such 'anti-access and area denial' (A2AD) capabilities are designed either to prevent an adversary's access to a particular region (anti-access) or to contest its freedom of movement within that theater (area denial).

In their last message, the crew of a missing Argentine submarine reported an electrical short-circuit caused by seawater which had started a fire, a TV channel reported Monday. The final contact with the ARA San Juan, which has 44 crew members on board, was on November 15. The search for the ARA San Juan extends for a 22-mile (35-kilometer) radius from an area about 250 miles off the coast of Argentina -- around the location of an explosion that may have sent the vessel to the bottom of the ocean.

By David Morgan WASHINGTON (Reuters) - A U.S. Senate Republican tax bill strongly backed by President Donald Trump faced potential opposition on Monday from two Republican lawmakers who could prevent the sweeping legislation from reaching the Senate floor. Senators Ron Johnson and Bob Corker, both members of the Senate Budget Committee, said they could vote against the tax package at a Tuesday hearing that Republican leaders hoped would send the legislation to a full Senate vote as early as Thursday. Each senator is seeking different changes to the legislation.

Turkish-Iranian gold mogul Reza Zarrab will not stand trial in New York for allegedly defying sanctions on Iran, leaving a Turkish banker alone in the dock when opening statements are due to begin Tuesday. In a case that has inflamed tensions between Turkey and the United States, all signs now suggest that 34-year-old businessman Zarrab has cut a deal with prosecutors and agreed to plead guilty, which could potentially still see him testify. US District Judge Richard Berman on Monday told jury selection in a federal court in Manhattan that Turkish banker Mehmet Hakan Atilla would be the only defendant in what is expected to be a three to four week trial.

By Emelia Sithole-Matarise CHISHAWASHA, Zimbabwe (Reuters) - Robert Mugabe's face "glowed" with relief when he agreed to step down as Zimbabwe's president last week under pressure from the military and his party after 37 years in power, the priest who mediated his resignation said on Sunday. Father Fidelis Mukonori, a Jesuit priest who is a close Mugabe friend, laughed off a report by the privately owned Standard newspaper that Mugabe cried and lamented the betrayal by close lieutenants when he agreed to resign. "For me it was a sign that he was accepting that 'ah this is done', he is relieved, not that he is aggrieved but relieved." He said Mugabe realised it was the end of the road...

The Kremlin is methodically creating a geopolitical challenge to the interests of the United States and its allies. Russia is back in the Middle East. The Kremlin is methodically creating a systematic geopolitical challenge to the interests of the United States and its allies.

Iraqi forces announced the launch of a major operation on Thursday to flush remaining Islamic State group fighters out of the western desert near the border with Syria. The arid, sparsely populated wastelands between the Tigris and Euphrates rivers are the last refuge of the jihadists in Iraq after troops and paramilitaries ousted them from both valleys and all urban areas. "The Iraqi army, the federal police and the Hashed al-Shaabi (Popular Mobilisation paramilitary units) this morning began clearing the Al-Jazeera region straddling Salaheddin, Nineveh and Anbar provinces," the head of Joint Operations Command, General Abdelamir Yarallah, said in a statement.

A mother who dumped four of her babies in buckets filled with concrete that she then kept in her apartment for two decades was arrested in Japan on Tuesday. Mayumi Saito, 53, told investigators she had given birth to the infants between 1992 and 1997, a police spokesman told AFP. Saito handed herself in at an Osaka police station on Monday and confessed, saying she did not think her desperate financial predicament made it possible for her to look after the children, local media reported.

UN Secretary-General Antonio Guterres said Monday he was horrified by video footage showing migrants being sold as slaves in Libya and that these auctions should be investigated as possible crimes against humanity. US television network CNN aired the footage last week of an apparent live auction in Libya where black men were presented to North African buyers as potential farmhands and sold off for as little as $400. "Slavery has no place in our world and these actions are among the most egregious abuses of human rights and may amount to crimes against humanity," Guterres told reporters.

Eden resigned as prime minister, while the British resigned themselves to no longer acting as an imperial power. The West Germans noted that the Soviets had threatened to attack Western Europe, and the United States had not protested. Israel grudgingly withdrew, and began preparing for the next war (which would come in 1967).

WASHINGTON ― A top White House official on Sunday avoided answering the question ― 15 times ― as to whether President Donald Trump supports Alabama GOP Senate candidate Roy Moore, who has been accused of sexual misconduct by seven women.

France under President Emmanuel Macron has played a leading role in trying to avert a fresh crisis in Lebanon following the surprise resignation of its prime minister Saad Hariri. Hariri arrived in Paris on Saturday on Macron's invitation, after the premier once again dismissed rumours that he had been held against his will in Saudi Arabia since announcing his resignation there on November 4. As Macron holds talks with Hariri, AFP explains France's role in working to defuse the situation.

Here is a timeline of the developing political crisis in Zimbabwe, where the military has taken control of the country but President Robert Mugabe is clinging to power. - November 14: Tanks are seen moving on the outskirts of the capital a day after army chief Constantino Chiwenga denounces Mugabe's sacking of Vice President Emmerson Mnangagwa. Mnangagwa is seen as a rival of Mugabe's wife Grace, 52, to succeed the veteran 93-year-old leader.